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Annual Report is the mirror of activities of any organisation as it provides complete know-how about its ins and outs, its current business, as well as future mission. Since Annual report also serves the purpose of providing communication by a company to its shareholders, it is the is best source from where authentic information about the activities of a Company can be obtained. Balance Sheet provides a snapshot of what a Company owns and owes, as well as the amount invested by shareholders/owners, i.e., it contains the detailed report about the assets, liabilities, and shareholder equity of the company at a specific point of time. It provides the basis for computing rates of return for prospective investors and evaluating a Company's financial position. In view of the above, understanding of Annual report and Balance sheet of an organisation is of utmost importance for Prospective Investors, Shareholders, Analyst etc. This book is written to solve the purpose of providing basic understanding as well as in-depth updated knowledge about Annual Report and Balance Sheet of Finance as well as non Finance professionals.This book is the outcome of the Author’s passion, more than 25+ years of experience of serving at Senior Management Level in various segments (BANKING, RETAIL SECTOR, TELECOM, CONSULTANCY), and his interactions with senior finance and non-finance professionals working in other organisations. The Author of this book is a renowned Senior Chartered Accountant having hands-on experience in the preparation of Balance sheets and Annual Reports, Implementation of systems for generation of data for Annual Reports and other requirements, Preparation and Review of Financial Statements, as well as dealing with matters relating to Internal Audit, Window Dressing, Taxes and Frauds.